Friday 18 May 2018

Today's Stock Market Trading Tips-Sensex down over 100 pts; Bajaj Fin extends gains, Bajaj Auto top gainer

The market continued trade lower, with the Sensex falling more than 100 points amid higher crude oil prices and corporate earnings.
All sectoral indices are in the red barring FMCG, with the PSU Bank and Pharma indices losing a percent each.

Bajaj Auto is up nearly 3 percent ahead of March quarter earnings as Profit is expected to jump 30 percent year-on-year basis.
The 30-share BSE Sensex was down 113.74 points at 35,035.38 and the 50-share NSE Nifty fell 24.30 points to 10,658.40.
The market extended opening losses, continuing correction for the fourth consecutive session amid higher crude oil prices, weak rupee.
The Sensex has broken 35,000 levels, down more than 181 points at 34,968.12 and the Nifty declined 47.20 points to 10,635.50 while the Nifty Midcap was down half a percent.
HDFC Bank, ITC, Reliance Industries, ICICI Bank, L&T and Infosys are pushing the market lower while Bajaj Auto gained 2 percent ahead of March quarter earnings due later in the day.
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